What are the tax havens recognized by Spain?

five continents

Most of the countries and regions on the list of tax havens islands or small archipelagos spread to different continents. Many are also places belonging to countries such as the United Kingdom or the United States.

The list of territories that the Treasury considers “uncooperative jurisdictions and harmful tax regimes” includes: 24 regions:

• The eel

• bahrain

• barbados

• bermuda

• Dominica

• Fiji

• Gibraltar

• Guam

• guernsey

• man island

• Cayman Islands

• Falkland Islands

• Mariana Islands

• Solomon Islands

• Turks and Caicos Islands

• British Virgin Islands

• United States Virgin Islands

• Jumper

• palau

• Samoa, with regard to its harmful tax regime (offshore business)

• American Samoa

• seychelles

• Trinidad and Tobago

• Vanuatu

It stands out among the regions bahrainOne of the Persian Gulf kingdoms and the only Arab country to be included in the Treasury classification. On the other hand, there are also existing ones. European regions such as Gibraltar, Isle of Man, Jersey or Guernsey; all from the UK.

New tax evasion law

The law, passed in 2021 for the prevention of tax evasion, expanded the features required to consider a region as a tax haven. So, in addition transparency and exchange of information. tax equalityAs stated by the Treasury, “the designation of those countries and territories that seek to derive benefits without real economic activity or are characterized by the presence or absence of low taxation and facilitating the existence of offshore companies”.

The first list of tax havens dates back to 1991 when they were counted. 48 regions. It has declined over the years, as agreements have been signed to avoid double taxation with certain information exchange agreements or an information exchange clause.